Khorus Closes $4M Series A Funding
Summary
The round was led by founder Joel Trammell and angel investor Tom Greig.The company, which has now raised $6m in total, intends to use the funds to increase the adoption of the software to CEOs of mid-size and large companies, advance product R&D, and expand the team.Launched in February 2014, Khorus provides business management software and a methodology for CEOs to run their organizations and align employees to strategic objectives, get timely intelligence, and forecast the likelihood of achieving each goal, weekly.Designed for companies with 100 or more employees, Khorus can be accessed via the Web or iPad.The company has 25 customers in industries ranging from finance to healthcare to higher education.
Funding
Amount
$4.0M
Total raised
Date
April 13, 2015
Announcement date
Investors
-
Lead investors
Company
http://www.khorus.com
Funded company
Classifications
industries
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applications
Business Intelligence
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Linked Companies
Khorus
$1M to $5M